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756981
registered interest false more like this
date less than 2017-09-04more like thismore than 2017-09-04
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Debt Relief (Developing Countries) Act 2010 more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what post-legislative scrutiny his Department has carried out on the effectiveness of the Debt Relief (Developing Countries) Act 2010. more like this
tabling member constituency Oxford West and Abingdon more like this
tabling member printed
Layla Moran more like this
uin 7665 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-09-11more like thismore than 2017-09-11
answer text <p>In 2011, HM Treasury consulted on the impact of the Debt Relief Act 2010 with representatives from key stakeholders, such as the financial services sector, Heavily Indebted Poor Countries and civil society. This evidence suggested the Act had benefitted Heavily Indebted Poor Countries and there was no evidence of unintended consequences. The previous government therefore made the Act permanent.</p><p>By continuing to prohibit costly and unfair legal action against Heavily Indebted Poor Countries, the legislation continues to play a valuable role. According to the World Bank and International Monetary Fund, litigation by creditors against Heavily Indebted Poor Countries remains an ongoing issue in other jurisdictions without such protections.</p> more like this
answering member constituency South West Norfolk remove filter
answering member printed Elizabeth Truss more like this
question first answered
less than 2017-09-11T14:59:15.99Zmore like thismore than 2017-09-11T14:59:15.99Z
answering member
4097
label Biography information for Elizabeth Truss more like this
tabling member
4656
label Biography information for Layla Moran more like this